41.80%
Amplification
- Total Debt
- $6.75B
- Total Preferred
- $15.46B
- BTC INNEHAV
- 847,363 BTC
- Bitcoin NAV
- $53.14B
“Debt + Pref divided by the BTC Reserve.”www.strategy.com
"Amplification" measures how much of a Bitcoin treasury is financed through debt and preferred stock rather than common equity. Strategy and Strive publish identical formulas: (Total Debt + Total Preferred) / Bitcoin NAV. The Smarter Web Company publishes a Leverage Ratio with the same shape but a different NAV definition: Debt / (Bitcoin Held + Treasury Cash - Total Debt). Each card below uses the issuer's own published formula and links to the source page where the metric appears.
“Debt + Pref divided by the BTC Reserve.”www.strategy.com
“Total Debt + Preferred as a percentage of Bitcoin NAV.”www.strive.com
“Leverage Ratio = Debt / Net Asset Value, where Net Asset Value = Bitcoin Held + Treasury Cash Balance - Total Debt.”www.thesmarterwebcompany.com